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20121201
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sm. host: joining us from new york city this morning, mr. fund, i just want to begin, if we could, actually, with the front page of "the washington post." in the news that president obama is looking at proposals on guns. obama asked his cabinet members for ideas to curb violence. what do you make of that? guest: well, we've been this way before. in 1994, president clinton signed an assault weapons ban into law. it expired in 2004. so we have 10 years of experience of what that ban did. and frankly, a university of pennsylvania study looked at all of that said that while there was some slight decrease in the use of assault weapons, it did nothing for overall gun violence. assault weapons, semi-automatics are used between 2% and 8% of crimes and it said the gun ban did nothing to reduce the overall level of gun violence in this country. look, i mean, this is a very tragic situation. and it's a very emotional one. it's at least an emotional issue as abortion or the death penalty. and emotions run high here. and we have a very deeply divided country. we have a large chunk of the count
owner. it is kind of crazy, you know? cities are projecting that in a couple of years they will be worse off now. whenever types of tax forms that we have, i would think that they would be more inclusive, irregardless of your having a home or not having a home, whenever you are doing. i would be willing to pay the sales tax, which would be more pay less. that is about all that i have to say. we need help. host: this is what joseph says on twitter -- host: john, indiana. good morning. caller: we should skip this and let both parties walk away, let the budget control act stand, let sequestration happen. all last year the democrats and republicans complained about having a balanced approach with more taxes and less spending. it is not a cliff, it is just fear mongering. i think we should just let it happen and then get back to the grand party next year. host: as part of that grand bargain, would you give up some tax deductions? caller cannot until i see spending cuts. last year we had the $300 billion budget control act first time cut. they keep just pushing these spending cuts down the roa
at the history and literary life of new york's capital city, albany, saturday at noon eastern on "book tv" on c-span2 and on sunday on c-span3 on american history tv. washington journal continues. host: we want to welcome peter welch, chief deputy whip, also served on the oversight and government reform committee. thanks for being here. the fiscal cliff negotiations, the house gop put out their proposal yesterday. "usa today" has -- reaction?r guest: i disagree. on the revenue, with the speaker has proposed with $800 billion, there's no great increase. so-called cleaning up the tax code. the problem is you start going into the middle class and start having the middle class pay more money. on the revenue there is how much do we raise and where does it come from. had alear president obama specific proposal to raise the rates to the clinton era for the top two%. i think that is what will happen. there was a majority of republicans who agreed with that. second, on the 1.1 trillion entitlement cuts, that is really a bad idea. what is doing is approaching that by slashing benefits rather than reformi
are sure it is a city with a decline in property value and losing the home, it is not really tax evasion. why did they do it for five years? we have a political department that might be better at answering that. host: what was the housing market like in the 2007? make a comparison of what was going on in 2007 and what is happening now. guest: it was beginning to tank. values peaked around 2006 and in some places 2007. it is the year we began to see the foreclosures and the problems with a sub prime mortgages. the context was, we were not in a recession yet. it was not like 2007 -- 2008 when everyone had a problem. in 2007 it was clear there were going to be a lot of defaults and this was potentially a problem. this tool can be an efficient way of handling what would otherwise be expensive foreclosures. host: we want to make sure the viewers understand what we are talking about with regard to eligible homeowners who can use the mortgage debt relief act of 2007. the bank waives the portion of the balance they did not recoup in foreclosure, this goes into effect. the numbers are there on th
the scenes at the history and literary life of new york's capital city, albany, on c-span to and it c-span3. span3.c- [bell rings] >> this weekend on c-span3, follow harry truman's eldest grandson to hiroshima. >> everybody has their own view of what happened. survivalant to argue or about the history. i think we are past that. my goal for behing here is to honor the dead nand listen to the living and do what i can to ensure this does not happen again. >> he will discuss meetings with bomb survivors. sunday at 9:00 p.m. eastern on c-span3. >> "washington journal" continues. host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will face on january 1, 2013. there
Search Results 0 to 4 of about 5